Account Cancellation Letter Due to Non-Payment

Cancellation letter for non payment

For some accounts, to have the active, it is important to keep making payment on regular basis because if the payment is not made, the account can get terminated. Therefore, writing Account Cancellation Letter Due to Non-Payment by the company or bank or any other institution is a formal way of informing the clients that their accounts can get terminated because of non-payment. Notice of cancellation for non payment letter forms an important letter in such a situation.

In this post, we have come up with an account cancellation due to nonpayment letter sample. You can use this letter for creating a customized letter to write to your clients or customers.

Account Cancellation Letter Due to Non-Payment Sample Format

From:

Richard Smith

Bank Manager

ABC Bank

New York

Date: April 15, 2022

To,

Mr. Robin John

54, Andrew Apartments

New York

Dear Mr. Robin,

I am writing this letter to inform you that after reviewing your account with ABC bank, it has been found that you have not made the minimum amount payable against your dues for your Credit Card No. 8798 9898 6565. It has also been noticed that eight months have passed and your dues are still pending.

As committed by you, the payment of $769 will be made three months ago but no payment has been made till date. Therefore, we are forced to close your account with our bank.

We are hopeful that you will clear all the dues at the earliest so that no legal action is taken against you.

Sincerely,

Richard Smith

Bank Manager

ABC Bank

New York